Bubblecovery

"Bubblecovery" is a term coined by a Forbes contributor named Jesse Colombo. This is a situation where an economy appears to be improving, but that appearance is a flimsy bubble with nothing supporting it.

Colombo believes this is a current situation in the U.S. due to excessively low interest rates, the overvaluation of social media companies and houses, and the wildly inflating costs of healthcare and education. These things are considered valuable currently...but the value is rising too fast and will eventually get so high that no one will be able to make the payments anymore, and there will be enough defaults to drag down the whole market.

Colombo believes the global economy is at risk, not just the U.S., and fears the housing bubble burst of 2008 was just the beginning. There is no fun quip to be made here...let's just all hope he's wrong.